Q 59

The following materials standards have been established for a particular product: The following data pertain to operations concerning the product for the last month: What is the materials quantity variance for the month?
A) $6,664 F.
B) $6,732 F.
C) $13,720U.
D) $13,860 U.

Q 60

The following materials standards have been established for a particular product: The following data pertain to operations concerning the product for the last month: What is the materials price variance for the month?
A) $2,250 F.
B) $7,540 U.
C) $7,660U.
D) $24,317 U.

Q 61

Information on Kennedy Company's direct material costs follows: What was the actual purchase price per unit,rounded to the nearest penny?
A) $3.06.
B) $3.11.
C) $3.45.
D) $3.75.